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New Twitter owner Elon Musk is poised to cut the company's workforce by 50%. Those employees should be in line for guaranteed severance -- unless Musk once again attempts to push the envelope of ...
That’s a 78.7% drop. Buying Twitter was a $46.5 billion deal: $44 billion went to shareholders and about $2.5 billion went to expenses. Musk and his coinvestors put about $33 billion into the ...
Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino.In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1] [2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com on May 17, 2024.
The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source ...
According to The New York Times, the group's two primary objectives were to reduce the size of Twitter's workforce and overhaul the platform's mobile app. [192] Twitter employees were not formally informed of the change in management, [193] with Musk originally said to be planning a town hall meeting with employees but ultimately not doing so.
Twitter acquired Crashlytics, a crash reporting tool for developers, on January 28, 2013, for over US$100 million, its largest acquisition at the time. [124] Twitter committed to continue supporting and expanding the service. [125] In October 2014, Twitter announced Fabric, a suite of mobile developer tools built around Crashlytics. [126]
At precisely 4:12 p.m. Pacific time on Oct. 28, 2022, right when the deal closed, the tycoon’s assistant delivered letters of dismissal to the Twitter CEO and his top three lieutenants.
The White House has no intentions to pay for checkmarks for their employees, according to Axios. [104] The Twitter account for Amazon Prime Video in the United Kingdom posted a meme of The Boys character Homelander pushing his son off a roof, with Homelander labeled as Twitter and his son labeled as a blue checkmark. [105]